SHE:300009 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	174.5	250.2	299.18	260.23	324.59	322.56
Short-Term Investments	64.86	141.07	-	-	-	-
Trading Asset Securities	1,418	1,192	1,145	1,196	842.91	805.43
Cash & Short-Term Investments	1,658	1,583	1,444	1,456	1,167	1,128
Cash Growth	38.37%	9.65%	-0.82%	24.70%	3.50%	26.10%
Accounts Receivable	495.8	495.56	492.35	597.44	476.3	543.89
Other Receivables	49.96	35.16	30.54	9	11.25	46.96
Receivables	545.76	530.73	522.9	606.44	487.55	590.85
Inventory	274.22	252.75	297.3	235.22	210.48	181.25
Other Current Assets	31.87	28.36	11.03	28.03	45.02	21.53
Total Current Assets	2,510	2,395	2,275	2,325	1,911	1,922
Property, Plant & Equipment	1,602	1,625	1,584	1,434	1,176	881.34
Long-Term Investments	813.56	789.28	515.54	404.38	347.89	188.09
Goodwill	66.56	66.56	66.56	66.56	57.6	57.6
Other Intangible Assets	385.72	393.66	412.32	450.36	275.64	126.22
Long-Term Deferred Tax Assets	60.14	61.5	41.8	29.53	41.8	51.22
Long-Term Deferred Charges	208.91	204.8	223.28	223.8	413.28	386.18
Other Long-Term Assets	17.78	12.15	17.15	17.1	34.41	56.81
Total Assets	5,665	5,548	5,135	4,951	4,257	3,669
Accounts Payable	207.5	252.28	215.02	211.7	151.01	141.11
Accrued Expenses	110.4	255.35	238.6	328.25	240.6	306.76
Short-Term Debt	-	-	5	-	3	-
Current Portion of Leases	7.82	7.66	10.71	8.81	6.08	3.3
Current Income Taxes Payable	77.25	56.39	58.22	43.91	46.88	93.12
Current Unearned Revenue	13.25	8.09	19.34	24.43	27.96	19.51
Other Current Liabilities	167.32	59.93	120.69	229.98	200.27	62.99
Total Current Liabilities	583.55	639.7	667.59	847.08	675.8	626.79
Long-Term Leases	22.42	25.29	38.25	47.82	24.06	23.74
Long-Term Unearned Revenue	125.27	123.43	121.53	113.52	114.16	107.18
Long-Term Deferred Tax Liabilities	26.53	20.57	8.05	10.01	41.14	7.81
Other Long-Term Liabilities	2.31	2.31	-	-	-	-
Total Liabilities	760.07	811.3	835.41	1,018	855.17	765.52
Common Stock	1,671	1,673	1,673	1,677	1,673	1,638
Additional Paid-In Capital	449.39	459.5	508.66	519.82	405.73	186.87
Retained Earnings	2,544	2,376	2,058	1,767	1,337	961.26
Treasury Stock	-8.32	-14.55	-114.57	-226.22	-207.41	-
Comprehensive Income & Other	87.03	64.76	-	-	-	-
Total Common Equity	4,743	4,558	4,124	3,737	3,209	2,787
Minority Interest	161.09	178.34	175.63	194.93	193.09	116.97
Shareholders' Equity	4,905	4,736	4,300	3,932	3,402	2,904
Total Liabilities & Equity	5,665	5,548	5,135	4,951	4,257	3,669
Total Debt	30.24	32.96	53.96	56.63	33.14	27.04
Net Cash (Debt)	1,627	1,550	1,390	1,399	1,134	1,101
Net Cash Growth	41.84%	11.54%	-0.66%	23.35%	3.03%	25.04%
Net Cash Per Share	0.98	0.93	0.83	0.84	0.69	0.69
Filing Date Shares Outstanding	1,676	1,666	1,678	1,661	1,589	1,638
Total Common Shares Outstanding	1,676	1,666	1,678	1,661	1,589	1,638
Working Capital	1,926	1,755	1,608	1,478	1,235	1,295
Book Value Per Share	2.83	2.74	2.46	2.25	2.02	1.70
Tangible Book Value	4,291	4,098	3,645	3,220	2,875	2,603
Tangible Book Value Per Share	2.56	2.46	2.17	1.94	1.81	1.59
Buildings	-	767.14	545.04	583.06	564.87	469.79
Machinery	-	809.14	760.51	624.66	562.37	528.17
Construction In Progress	-	620.77	799.75	672.51	445.68	228.75

Source: S&P Global Market Intelligence. Standard template. Financial Sources.